Ledger management is an umbrella term used to describe the activities involved in maintaining organized records of financial transactions. It encompasses everything from the creation, maintenance and tracking of a company’s accounts, both internally and externally, to the development of risk mitigating strategies that are tailored to individual ledgers. The ultimate aim is to ensure accurate bookkeeping, streamlined processes and maximum efficiency when it comes to ledger management.
For businesses of all sizes, proper ledger management can be the difference between success and failure – so it pays to get it right.